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� <br /> �., �.. . . <br /> t <br />, _ <br /> Owner or the Owner's authorized representative, furnish the resale disclosure certificate. The . <br /> Association may charge a reasonable fee for furnishing the resale disclosure certificate and any <br /> documents related thereto. <br /> SECTION b <br /> - ASSESSMENTS <br /> 6.1 General. Assessments shalI be determined and assessed against the Units by the • <br /> � Board, in its discretion, subject to the requirements and procedures set forth in this S�ction 6 and <br /> the Bylaws. Assessments shall include annuai Assessments under Section 6.2, and may include <br /> special Assessmen#s under Section 6.3 and limited Assessments under Section 6.4. Annual and <br /> special Assessments shall be allocated among the Units in accordance with the allocation <br /> formula set forth in Section 4.2. Limited Assessments under Section 6.4 shall be altocated to i <br /> Units as set forth in that Section. <br /> 6.2 Annual Assessments. Annual Assessments shall be established and levied by the <br /> Board, subject to the limitations set forth hereafter. Each annual Assessment shall cover all of <br /> the anticipated Common Expenses of the Association for that yeaz which are to be shared equally <br /> . by ail Units in accordance with the allocation set forth in Section 42. Annual Assessments shall <br /> be payable in equal monthly or quarterly installments, as determined by the Board. Annual <br /> Assessments shall provide, among other things, for an adequate reserve fund for the replacement <br /> of those parts of the Common Elements and those parts of the Units for which the Association is <br /> responsible, except to the extent that the replacement is funded by limited Assessments pursuant <br /> to Section 6.4. Until the first annual Assessrrient is levied, Declarant shall pay all Common <br /> Expenses. <br /> 63 Special Assessments. ln addition to annual Assessments, and subject to the • <br /> limitations set forth hereafter, the Board may levy in any Assessment year a special Assessment <br /> against all Units in accordance with the allocation set forth in Section 4.2. Among other things, <br /> special Assessments shall be used for the purpose of defraying in whole or in part (i}the cost of <br /> any. unforeseen and unbudgeted Cammon Expense, (ii) general or specific reserves for <br /> maintenance, repair,or replacement of any part of the Property,and (iii) the maintenance, repair, i <br /> or replacement of any part of the Property,and any fixtures or other property related thereto. <br /> 6.4 Limited Assessments_ In addition to annual AssessmenLs and special <br /> Assessments,the Board has the authority to(and, in certain instances set forth in this Section b.4, <br /> shall) levy and allocate limited Assessments among only certain Units in accordance with the <br /> following requirements and procedures: <br /> � C.4.i Any Common Expense associated with the maintenance, repair, or <br /> replacement of a Limited Common Element shall be assessed exclusively against each <br /> Unit or Units to which that Limited Common Element is assigned, equally or by the cost <br /> per Unit. <br /> 5.4.2 Any Common Expense benefiting fewer than al] of the Units, may, at the <br /> Board's discretion,be assessed exclusively against the Unit or Units benefited. <br /> MPE.S-Word 952B 1.11 8 <br /> � <br /> —-�---—.._ .. i <br />